Korea's FSS chief says new crypto oversight framework is nearly ready
- —FSS and FIU are jointly building a new crypto supervision system
- —The tougher oversight is written into the second-stage digital asset bill
- —Lawmakers flagged oversight split across FSC, FSS, FIU and the Bank of Korea
- —Criticism cited unregistered Coinone operators and Bithumb's BTC payout error
Why it matters: A unified regime will shape how Korean exchanges meet AML and user-protection rules after a string of incidents.
Source: Bloomingbit